Slava Mikhed

Senior Advisor and Research Fellow, Consumer Finance Institute

slava.mikhed@phil.frb.org

Areas of Expertise

Slava Mikhed’s research interests lie in the areas of consumer finance, personal bankruptcy, health economics, and urban economics. His current research explores the ways income shocks, peer effects, health insurance, and identity theft affect consumer credit and payments.

Slava has a Ph.D. in economics from the University of Alberta.

Featured Work

Consumer Credit

Working Paper

Debtor Income Manipulation in Consumer Credit Contracts

Slava Mikhed,
Sahil Raina,
Barry Scholnick &
Man Zhang

Revised: December 2023

WP 22-35/R – We show that forcing insolvent consumer debtors to repay a larger fraction of debt causes them to strategically manipulate the data they report to creditors.

Consumer Credit

Working Paper

Missouri’s Medicaid Contraction and Consumer Financial Outcomes

Revised February 2023

WP 20-42/R – In July 2005, the state of Missouri implemented a series of cuts to its Medicaid program. These cuts resulted in the elimination of the Medical Assistance for Workers with Disabilities program, more stringent eligibility requirements, and less generous Medicaid coverage for eligible individuals.

Consumer Credit

Working Paper

Reducing Strategic Default in a Financial Crisis

Sumit Agarwal,
Slava Mikhed,
Barry Scholnick &
Man Zhang

Revised: August 2022

WP 21-36/R – We document that increasing penalties for default reduces strategic default in financial crises by exploiting the 2009 changes to Canadian consumer insolvency regulations.

View All Work

Collaborators

Robert M. Hunt

Senior Vice President and Associate Director of the Consumer Finance Institute

Julia S. Cheney

Vice President and Assistant Director, Consumer Finance Institute

Nathan Blascak

Advisor and Research Fellow, Consumer Finance Institute